Governmental Employees Mortgage Rates, Fees & Info
La Crosse, WILEI: 549300J51TCIL2CWJP16
Tax ID: 39-6049660
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Governmental Employees is a smaller mortgage company specializing in Refi and Home Purchase loans. Governmental Employees has a high proportion of conventional loans. Their top markets by origination volume include: La Crosse, Madison, Appleton, Winona, and Eau Claire among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Governmental Employees has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
109Origination Dollar Volume (All Markets)
$9,535,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 83 | $6,365,000 | $76,687 | $0 | 0.00% |
| Outside of Metro Areas | 22 | $2,140,000 | $97,273 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Winona, MN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 109 | $9,535,000 | $87,477 | $0 | 0.00% |
For 2018, Governmental Employees's most frequently originated type of loan was Conventional, with 109 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 63 | $5,155,000 | $81,825 | $0 | 0.00% |
| Home Improvement | 29 | $1,275,000 | $43,966 | $0 | 0.00% |
| Home Purchase | 17 | $3,105,000 | $182,647 | $0 | 0.00% |
For 2018, Governmental Employees's most frequently cited loan purpose was Refi, with 63 originations. The 2nd most popular reason was Home Improvement, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 109 | $9,535,000 | $87,477 | $0 | 0.00% |
For 2018, Governmental Employees's most frequently cited loan duration was Other, with 109 originations.
Loan Sizing
2018 saw Governmental Employees place emphasis on $100,000 or less loans with 77 originations, totaling $3,555,000 in origination value.
Applicant Income
Governmental Employees lent most frequently to those with incomes in the $50k-75k range, with 32 originations. The second most popular income band? $50k or less, with 25 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 109 | $9,535,000 | $87,477 | $0 | 0.00% |
Governmental Employees lent most frequently to those with DTI ratios of Exempt%, with 109 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 106 | $8,990,000 | $84,811 | $0 | 0.00% |
| Asian | 3 | $545,000 | $181,667 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
Governmental Employees has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination97.25%
Governmental Employees has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 109 | $9,535,000 | $87,477 |